Google Cloud — Operating Expenses

Business Segments · Operating Expenses

Alphabet Inc. Google Cloud — Operating Expenses increased by 6.8% to $12.35B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 25.2%, from $9.86B to $12.35B. Over 3 years (FY 2022 to FY 2025), Google Cloud — Operating Expenses shows an upward trend with a 16.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

A faster growth rate in operating expenses compared to revenue suggests declining operational efficiency or heavy investment phases.

Detailed definition

Represents the total costs incurred to run the cloud segment, including research and development, sales and marketing, a...

Peer comparison

Comparable to 'Operating Expenses' reported for business segments across the software and cloud industry.

Metric ID: goog_segment_google_cloud_operating_expenses

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$7.05B$7.05B$7.05B$7.05B$7.84B$7.84B$7.84B$7.84B$8.67B$9.18B$9.41B$9.86B$10.08B$10.80B$11.56B$12.35B
QoQ Change+0.0%+0.0%+0.0%+11.2%+0.0%+0.0%+0.0%+10.6%+5.8%+2.5%+4.8%+2.2%+7.1%+7.1%+6.8%
YoY Change+11.2%+11.2%+11.2%+11.2%+10.6%+17.0%+19.9%+25.7%+16.2%+17.7%+22.9%+25.2%
Range$7.05B$12.35B
CAGR+16.1%
Avg YoY Growth+16.7%
Median YoY Growth+16.6%
Current Streak15+ quarters growth

Frequently Asked Questions

What is Alphabet Inc.'s google cloud — operating expenses?
Alphabet Inc. (GOOG) reported google cloud — operating expenses of $12.35B in Q4 2025.
How has Alphabet Inc.'s google cloud — operating expenses changed year-over-year?
Alphabet Inc.'s google cloud — operating expenses increased by 25.2% year-over-year, from $9.86B to $12.35B.
What is the long-term trend for Alphabet Inc.'s google cloud — operating expenses?
Over 3 years (2022 to 2025), Alphabet Inc.'s google cloud — operating expenses has grown at a 16.7% compound annual growth rate (CAGR), from $28.20B to $44.80B.
What does google cloud — operating expenses mean?
The total cost of operating the cloud business, excluding interest and taxes.

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